European Parliament Library

Algeria :, 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Algeria

Abstract
Algeria’s external position has strengthened. Algeria’s encouraging economic performances in recent years, reflecting market-oriented reforms and prudent macroeconomic policies in a favorable external environment, are discussed. The main challenges faced by Algeria are to ensure sustained high productivity and nonhydrocarbon growth and to lower further the still-high unemployment. In this context, Executive Directors' welcomed the recent increase in the reserve requirement rate. Gradual steps to reduce exemptions, improve VAT design, and eliminate the turnover tax would contribute importantly to improving the business climate
Table Of Contents
""Cover""; ""Contents""; ""Executive Summary""; ""I. Introduction""; ""II. Economic and Financial backdrop""; ""III. Report on Discussions""; ""A. How to Sustain Nonhydrocarbon Growth While Safeguarding Stability""; ""B. Reforms for Stronger Nonhydrocarbon Growth and Higher Employment""; ""IV. Staff Appraisal""; ""Boxes""; ""1. Exchange Rate Assessment""; ""2. Further Development of Capital Markets""; ""Figures""; ""1. Real Sector and External Developments""; ""2. Monetary and Fiscal Developments""; ""Tables""; ""1. Selected Economic and Financial Indicators, 2004�12""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (42 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452784168

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